Sustainability Charter

2020

Table of Contents

2

Sustainability Charter

Overview 3

Policy 4

Environment

Facilities 5

Travel 7

International Standards Approach 8

Procurement 9

Health & Wellness 10

Diversity & Inclusion 11

Community Engagement 13

Overview

3

Our sustainability efforts are categorized in three areas,

each composed of various worldwide initiatives.

1. Environment

2. Health

3. Corporate Social Responsibility (Giving Back)

Sustainability initiatives are led by our Facilities,

Procurement and Travel departments, with contributions

from across Parexel, including teams in Human

Resources and Corporate Communications.

Every Parexel colleague worldwide shares in a respect

and commitment to our sustainability efforts.

This Sustainability Charter is reviewed and revised bi-

annually, with updates on quantified initiatives made

annually posted to Parexel.com.

Overview

Jamie Macdonald

Chief Executive Officer

Our guiding principle at Parexel is “We Care” and acting With Heart is the

foundation of our culture. Caring extends to our work environment and to

environmental sustainability globally, consistent with Parexel’s focus on

ethical behavior and compliant practices.

Policy

4

Policy

Historical policies and practices have been aligned

and adopted into this focused approach. While

oversight is held by the Senior Vice President, Corporate

Services and Chief Procurement Officer, Parexel

colleagues at every level and in every department

worldwide share responsibility for implementing our

sustainability efforts.

We are committed to:

Considering sustainable impacts in every process

we perform

Evaluating sustainability initiatives qualitatively

and quantitatively

Promoting sustainability among our vendors

and customers

Publicly sharing our sustainability efforts

Continuously improving our sustainability efforts as

aligned with Parexel’s philosophy of continuous

improvement

The commitments set forth in this Sustainability Charter

are aligned with the Coalition for Environmentally

Responsible Economies (CERES) principles, a 10-point

code of environmental, occupational health, safety and

sustainability conduct currently embedded within the

“CERES Roadmap for Sustainability.”

These principles include:

Protection of the biosphere

Sustainable use of resources

Reduction and disposal of waste

Energy conservation

Risk reduction

Safe products and services

Environmental restoration

Informing the public

Management commitment

Audits and reporting

Our sustainability

efforts are focused on

improving any areas

where there may be an

environmental impact

from our work as a

biopharmaceutical

services provider.

Parexel is committed to preserving our working environments through the efforts shared

within our Sustainability Charter.

EnvironmentFacilities

5

Parexel operates as a biopharmaceutical services provider and tenant,

consuming less energy in our daily facility operations and with less control

over consumption than compared to other industries such as manufacturing.

Our sustainable management of utility consumption and implementation of

sustainable design elements are top priorities.

Environment

Parexel is striving for LEED certification in

facilities where we are the sole tenant or

a significant tenant, and thus can influence

landlord decisions.

We have been awarded LEED GOLD

certification for the energy efficient and

sustainable build-out and renovation of our

150,000-square-foot facility in Hyderabad,

India, and other certifications in our facilities in

Billerica, Massachusetts and in Schönefeld,

Germany.

4.8%

2.7%

1.3%1.1%

AMERICAS APAC EMEA Total

Δ FY18- FY19kWh/employee/yr

24.5%

-53.8%

49.1%

-15.4%

AMERICAS APAC EMEA Total

Δ FY17- FY18kWh/employee/yr

Updated every year on our public Parexel.com.

6

Examples of Conservation Efforts at

Parexel Offices:

Signed an agreement with Renewable

Choice Energy to purchase renewable

energy credits offsetting our energy

consumption in the U.S. by 100 percent.

Additional sites are being incorporated into

the agreement globally as we LEED-certify

new facilities.

Voluntarily report our environmental and

process data to CDP, an international not-

for-profit organization providing the only

global environmental disclosure system,

with more than 5,000 companies

responding annually.

Use reduced-water-flow devices, energy-

efficient lighting and appliances, along with

environmentally friendly cleaning

detergents.

Globally recycle standard office supply

waste (paper, ink, etc.).

Actively educate employees on taking

practical actions to save primary energy

(e.g., switching off office lighting,

computers, machines, etc., when not in

use).

Voluntarily report annually to Ecovadis, an

international Corporate Responsibility

scoring company, achieving scores above

industry average.

Our facilities in Berlin have collection bins

for batteries and plastic pens to be

recycled. For each pen collected,

Terracycle.com donates 1 cent to a

charitable organization of the collector's

choice. Parexel directs these donations to

Prima-Klima-weltweit.de to support its

reforestation efforts.

In our U.S. facilities more than one ton of

tea and coffee packets used in our

beverage machines have been recycled to

date.

The UK’s Facilities team uses an innovative

AI technology to reduce a building’s carbon

footprint and provide a more comfortable

and stable work environment.

Environment

EnvironmentFacilities

EnvironmentTravel

7

As a global organization employee travel is a vital part of our business, and

an area where we strive to make a positive environmental impact. Some of

the programs and policies we promote include:

Sustainability Charter

Utilizing car services such as Embarque,

which consists exclusively of U.S. EPA

SmartWay and SmartWay Elite Certified

vehicles or equivalent.

Utilizing rail over air travel where possible,

such as Deutsche Bahn, which uses 100

percent renewable energy to operate its

long-distance trains.

Partnering in some cities like Buenos

Aires with Neutral Carbon Footprint taxi

companies like “Cabify.”

Promoting a travel policy that encourages

employees to consider alternative

approaches to business travel (e.g.,

telephone calls/conferences, video

conferences).

Partnering with airlines like Delta, which

starting March 1, 2020, committed $1 billion

over the next 10 years on its journey to

mitigate all emissions from its global

business moving forward.

Monitoring global travel with respect to air,

rail, car and hotel usage to preserve or

reduce existing CO2e levels in total and

per employee.

Encouraging Parexel employees to

consider modes of public transport such as

train or bus, and to select those over private

limousine or cab services to the extent

possible and feasible. Parexel is also

actively encouraging car-sharing where

available.

Parexel uses CISCO Telepresence

video conferencing. This gives employees

the opportunity to conduct meetings while

saving on travel, thus reducing the

company’s carbon footprint.

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Air CO2 Total Hotel CO2 Total Car CO2 Total

EnvironmentInternational Standards Approach

8

Environment

We are in the process of revising our HS&E

manuals and procedures.

We are implementing specific ImsXpress

software to ensure companywide HS&E

continuous improvement.

Parexel is actively working to develop a Health, Safety & Environment

System with the goal of preparing for certification in ISO and OHSAS

standards.

EnvironmentProcurement

9

Leveraging the size of our global organization and the associated large

supplier group, we have implemented procurement processes that

encourage vendors to prioritize sustainability practices in their products and

services.

Environment

Sustainability is integrated into the supplier-

selection criteria within RFI/RFP sourcing

processes.

Supplier-agreement templates have

language included to encourage

sustainability practices.

The use of small, disadvantaged, minority-

owned U.S.- based suppliers is

encouraged.

Health & Wellness

10

Health & Wellness

Parexel is committed to our corporate mission to improve patient health. As a service

provider to the biopharmaceutical industry, health and wellness is an essential part of our

culture. Our employee benefit programs also reflect a global commitment to wellness. To

help our employees be their best to deliver on our mission, we offer a range of wellness

programs and incentives.

For more than five years, our U.S. wellness

program has helped to increase awareness

of healthy living habits, and to support

employees in their efforts to make positive

life changes. Our wellness program offers:

Health assessments.

Fitness challenges.

Online courses (including for smoking

cessation).

Gym discounts.

Health advocacy services.

Free employee flu shot program.

Healthy living newsletter with wellness

articles and recipes

Annual biometric screenings and

incentive program (for

employees/spouses enrolled in a Parexel

medical plan).

Employee Assistance Program

(help with family issues,

emotional concerns, financial

and legal matters).

Quarterly blood drives in the U.S.

In our hub locations outside of the U.S., we

support employee well-being through locally

favored programs, including running clubs,

health screenings, flu vaccinations,

biometric testing, fruit at the office,

gym discounts, badminton sessions,

yoga classes, swimming clubs

and access to employee

assistance programs.

Diversity & Inclusion

11

Diversity & Inclusionr

Parexel’s commitment to Diversity & Inclusion (D&I) fosters a culture where our colleagues,

customers and patients feel valued, respected and supported to achieve their best and

where all individuals agree that, “This is a place for people like me.” We realize this

commitment by implementing a three-pillar strategy to 1) Raise awareness, 2)

Operationalize our vision, and 3) Take action as individuals and as an organization.

Parexel has established dedicated resources and programming in support of this strategy.

Steering Committees

Talent Acquisition: The overarching goals

of this committee are to integrate D&I in

succession planning, management,

corporate values, organizational

development and through learning and

development and to empower leadership

to drive full business engagement and

participation.

Gender Partnership: This committee

exists to promote an inclusive work

environment where all genders can flourish

and create value for Parexel, our customers

and shareholders. It is composed of key

executives at different locations and

business units of Parexel that influence and

operationalize our commitment. Long-term

goals include:

Create a work environment that is

respectful and values all genders.

Empower, support and develop women

leaders.

Build a partnership that engages men

and women in advancing a culture of

inclusion.

Identify and address institutional blind

spots and barriers in order to better

leverage talents and skills of all genders.

Achieve representation within our

leadership that reflects the gender

distribution of our employee populations.

Better collaboration, innovation and

bottom-line results and more engaged

employees.

Diversity & Inclusion

12

Diversity & Inclusion

Parexel Pride: The Parexel Pride Steering Committee

seeks to advance and promote a caring and inclusive

culture where colleagues can bring their whole self to

work through the inclusion and awareness of our

LGBTQ+ patient, colleague and customer

communities. Goals include:

Internal survey to answer the question, “What is the

global perspective and opportunities related to this

group that impact colleagues’ engagement?”

Be the voice of our LGBTQ+ communities through

support, resources and education.

Promote LGBTQ+ inclusivity through Marketing,

Talent Acquisition, and Patient Recruitment.

Foster support of patient inclusivity across Parexel.

Multicultural: This newly formed committee works to

advance an environment of inclusion to better

collaborate and deliver excellence as we work across

ethnicity/nationality, culture and regions. Preliminary

goals include: solidify committee vision, establish first-

year goals and priorities, and create an execution and

participation plan.

Supplier Diversity: This forthcoming steering

committee will further enhance Parexel by having

systems’ capability to track diversity spend and set

spend objectives as a percentage of total spend in line

with best practices. We will work closely with our

customers who have similar programs and objectives

to ensure that Parexel’s Supplier iversity program is

a competitive differentiator.

Awards & Recognitions

Forbes Best Employers for

Diversity 2020

DivHERsity. Top 5 Company in

India 2020

Forbes List Diversity, 2018,

2017

Black Enterprise Diversity

Award 2018

Latina Style Awards 2018

Rosoff Innovation Award, 2018

Color Magazine Quality

Champion Award, 2018

2020 Women on Boards

winning company, 2018, 2017,

2016

Courageous Leader Award

2017, 2016

Guys Who Get It Award, 2017

Training Top 125 Award, 2017

Flexjobs Award, 2016, 2017

Best of the Best Award,

Professional Women’s

Magazine, 2017

Women’s Forum of ew York,

Corporate Champions 2017,

2016

West Women’s Award,

Community Engagement

13

Community Engagement

At Parexel our overarching guiding principle is “We Care” — expressed through the words

“With Heart.” Caring is the foundation of our culture and reflected in how we treat our

customers, our patients, our communities and each other.

Through the generous volunteerism of our

colleagues, we positively impact communities

around the world, “With eart.” A few examples of

our colleagues’ many acts of caring include:

Parexel collaborated with IT for the “Africa Takes

on COVID- ackathon.” ur colleagues

participated in a virtual hackathon to generate

innovative and practical solutions for meeting critical

needs in Africa with a Parexel executive volunteered

as a hackathon judge.

Using the hashtag #NoGoingBack we highlighted our

industry and business response to the COVID-19

pandemic on International Clinical Trials Day.

Demonstrating our commitment to keep the patient

at the heart of everything we do, we recognized our

Patient Advisory Council and celebrated our

partnerships and collaborations with organizations

that accelerate life-changing/life-saving medicines.

We also reaffirmed our continued support for the

Center for Information and Study on Clinical

Research Participation (CISCRP) — the industry’s

leading expert on clinical trials — with a $25,000

donation.

Colleagues from Madrid, Spain created the Spanish

Caring Committee with a mission to support and

raise awareness of the needs of disadvantaged

people in their local communities and beyond. The

committee and our 200 plus colleagues in Madrid

play an active role in improving the lives of others.

In Buenos Aires, colleagues participate in “Misión

Solidaria” annually to collect food for needy children

through a partnership with an NGO whose main

objective is to promote the social inclusion of the

most vulnerable groups in Argentina.

Colleagues in India volunteer as tutors to support a

program that provides education assistance to

underprivileged children.

In the U.S., Parexel sponsors Light the Night walks

in Boston, MA, and Durham, NC, to support the

Leukemia & Lymphoma Society (LLS). Colleagues

walk and raise money to fund research for blood

cancers and to improve the quality of life of patients

and their families. The Parexel team exceeded its

$10,000 fundraising goal and was recognized as a

top corporate fundraising team.

Colleagues in our UK offices run, walk and race

together in events throughout the year to raise

money for scientific research, including the Race for

Life series for Cancer Research UK. Several UK

locations hosted Tea & Talk sessions to raise money

for the Mental Health Foundation.

Mariano Fanatico, Parexel Proposals Specialist and

attorney based in Buenos Aires, Argentina, was

given leave for an unpaid internship with the South

Africa Litigation Center. While in South Africa, he

volunteered on the historic trial which led to a

unanimous decision to decriminalize same-sex

sexual conduct between consenting adults, hailed as

a critical step to ensuring equal protection of human

rights for all individuals in the country.

In India, colleagues partnered with a local NGO

called Choti si Asha (CSA), which means a ray of

hope, to generate income for poor basti (slum)

women, through a program called “Stitch a iving.”

Our team helped the women expand their products

and our offices buy the stitched items as gifts for

visitors and for the 1,700 employees in our Mohali

and Chandigarh locations on their birthdays.

In South Korea, colleagues joined our partner

Celltrion to prepare kimchi, which is a staple in

Korean cuisine, and then delivered the kimchi to the

needy.